CIEN trade ideas
Possible reversal for $CIENCIEN is getting closer the the uptrending support, it has bounced on this support multiple times and has followed this pattern the whole entire time.
I'll be keeping an eye on this one, I will be looking to take a position if the stock reacts nicely to the support, hopefully in the 36,5 ish area
CIEN - Short (round II)Almost forgot I had been planning on re-shorting this.
Still looks like it's not too late for a quick ~1-2 point drop . And probably has longer term room to the downside, although likely to attempt to recapture trendline .
CIEN UpdateFlipped the calls on open due to weak pre-market trading, looks to close the gap before heading back up. Earnings report actually looks pretty good, holding 500 shares in 401k Rollover.
LOL, already went negative while I was typing this. Long term this is a buy.
Riding into earnings. No need to trim yetBeen long and added to our position via excercise calls. Another long term hold, our 5G play.
CIEN Gap Fill Before EarningsLooks to me like it's headed for a gap fill before earnings in March. In for some March calls because other than earnings the market appears to be in a sideways chop. Look for stocks that typically rally before earnings.
CIENA - we own this, and it's forming an ascending base!Continues to trade well. Closing in an another buy-point of $40.25 If it continues, we'll need to add to current long position!
There may be a retracement to test the support line1. price surges with a breakout! very bullish!
2. there may be a retracement to test the validation of the support line.
Once it's valid, it may go up again!
A lot of room above!NYSE:CIEN Keep this on your watchlist. if it gets going, it has a lot of room above.
Please like and comment if you like my ideas. THANK YOU!!!
Please note that this information is not a recommendation to buy or sell. It is to be used for educational purposes only.
CIEN enter at second test and bustedWrite sometning about your psyhology thinking before trade? I am back again it is very psyhologicaly difficult when you loose
Describe the trade. What you see? from the upper support price will decline. I have very conservative tarket at a littel bit more than 33
What have I done well for this trade? enter point but at second test
What can I take away to help with later trades? try to not enter the trade at the second test in a few days
CIEN Looks stretchedCIEN should find some get some selling pressure here on profit taking after a good run from a flat base breakout. Also insider selling is suspicious.
Ciena is one name showing relative strengthShares of CIEN have been outperforming this year. The company posted very encouraging numbers last quarter and this aligns with a strong chart. Shares should continue to outperform.
CIEN pullback buyGood relative strength (97). Recently broke out from base. Starting Stage 2 uptrend. Lower volume on pullback.
Risking 3%
CIEN - watch listZacks Rank: 1-Strong Buy 1 Style Scores: D Value | D Growth | F Momentum | F VGM Industry Rank: Top 1%(3 out of 255) Industry: Fiber Optics
looking for pullback or some more consolidation.
comments welcomed
CIEN - from watchlist - looking to buy on +ve trade on MondayFrom Vinod Invest Picks (VIP) Wealth Creation Portfolio watchlist CIEN
CIEN - Good fundamentals and recommended by analystsCIEN is a company with good financials (low PE, low debt, solid ROA, ROE, ROI) and it had a nice price increase in the last year. It is recommended by analysts, it has a buy on Zacks Rank and a nice snowflake on SimplyWall.St.
I purchased some today.
Ciena Corporation - Bat PatternThe Bat pattern is completed on Ciena Corporation daily chart. Nice risk/reward ratio.
T1 – 38.2%
T2 – 61.8%
